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The Real Deal New York
Asset manager Davidson Kempner to upgrade Westin Grand Central hotel
January 11, 2019 02:30PM
The Westin Grand Central hotel – once called “gloriously tacky” thanks to its Leona Helmsley-designed 1980s décor – is ready for its next act....
Who’s next? These 5 buildings may take advantage of the Midtown East rezoning
February 23, 2018 03:05PM
In August 2016, the Department of City Planning released a list of 16 properties it predicted might take advantage of a massive rezoning of...
The five landlords that have the most to gain from the Midtown East rezoning
September 14, 2017 10:40AM
Just five landlords lay claim to about half of Midtown East’s commercial square footage that the city plans to rezone to allow for taller...
Midtown East has been rezoned. Just don’t expect another Hudson Yards
August 11, 2017 08:00AM
(The above map shows the 16 sites identified by the city. Click on each site to see the current size of the properties and...
Get ready for a ton of new office space (maybe): City Council greenlights rezoning of Midtown East
August 09, 2017 03:20PM
The City Council on Wednesday cleared the way for 6.5 million square feet of new office space to rise in Midtown East. The council...
Analysis: Here’s what Midtown East landlords could make from air rights sales
August 02, 2017 04:00PM
The sale of 3.6 million square feet of air rights could net Midtown East landlords roughly $896.7 million over the next 20 years —...
Ceruzzi scores $300M construction loan for Midtown East luxury condo
August 02, 2017 09:51AM
Ceruzzi Properties and SMI USA have scored a $300 million construction loan that allows the developers to move ahead on a 72-story luxury condominium...
Land Use OKs Midtown East rezoning
July 27, 2017 03:40PM
The City Council’s Land Use committee on Thursday unanimously approved the revised proposal to rezone Midtown East, complete with changes to air rights pricing...
City Council cuts minimum air rights price under Midtown East rezoning proposal
July 27, 2017 12:30PM
A City Council committee has tweaked the rules surrounding the sale of air rights under the proposed Midtown East rezoning, decreasing the mandatory public...
Does the proposed Midtown East rezoning incentivize Pfizer to skip town?
June 20, 2017 04:08PM
The density boost that the Pfizer headquarters will automatically get under the Midtown East rezoning means that the pharmaceutical giant has a great reason...
City Planning OKs Midtown East rezoning
June 07, 2017 11:05AM
The City Planning Commission on Wednesday unanimously approved the rezoning of Midtown East, a proposal that is expected to create 6.5 million square feet...
Could the Midtown East air rights floor price be on the chopping block?
June 06, 2017 04:50PM
City Council member Dan Garodnick on Tuesday introduced a bill that will require the city to audit every air rights sale in Midtown East...
SL Green execs Holliday, Mathias buy stakes in One Vanderbilt
May 02, 2017 08:30AM
SL Green Realty executives Marc Holliday and Andrew Mathias agreed to personally buy stakes in One Vanderbilt that could net them up to 3...
Pfizer looks to sell Midtown East HQ by the end of 2017
October 07, 2016 09:03AM
Global pharmaceutical giant Pfizer is looking to sell its headquarters in Manhattan, a property that is becoming a contentious sticking point in the proposal...
Hogan Lovells shuns Hudson Yards, nears deal at transformed 390 Madison: report
September 06, 2016 06:30PM
After scoping out space in Hudson Yards last year, Hogan Lovells appears to be ready to pull the trigger on a new office on...
WATCH: A rezoning of Midtown East would be huge for owners at these 5 sites
August 31, 2016 10:51AM
Midtown East may be on the verge of a growth spurt. City Hall has released a draft proposal to rezone Midtown East, which would...
Paydirt: Dialing Doha, miracle on the Hudson (Yards), Midtown gets buff … & more
August 29, 2016 09:46AM
(Paydirt is a new weekly column that riffs on the biggest NYC real estate news of the moment, providing analysis and historical context on...
Sabr Group buys four Midtown townhouses for $54M
July 01, 2016 07:30AM
Mark Maurer and Rich Bockmann
Sabr Group, a Midtown-based financial consulting firm, picked up a portfolio of four contiguous Midtown East townhouses from three different owners for $54 million,...
Cushman negotiating for new HQ at L&L Holding’s 390 Madison
June 14, 2016 02:15PM
Following its $2 billion merger with DTZ last year, Cushman & Wakefield is negotiating for a new, consolidated headquarters to anchor L&L Holding’s unique...
New Empire Real Estate files plans for 49-story Midtown East condo
March 30, 2016 02:01PM
Dusica Sue Malesevic
Bentley Zhao’s New Empire Real Estate Development filed plans for its 49-story condominium tower at 131-141 East 47th Street in Midtown East. The residential...
Knotel has quietly inked 160K sf in leases since December
These are some of the most notable resi sales of the week
Breather taps former mattress startup executive for CEO role
Inside REBNY’s 2019 gala
15 Hudson Yards has $800M in contracts: Related Companies
January 2019 issue
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